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Introduction Recently I listened to a very interesting webinar hosted by Fitzanne Estates on the Community Schemes Ombd Service executive managing agent panel. The description of the podcast on Fitzanne Properties (https://www.youtube.com/watch?v=os58WvSSs34) was as follows: “The CSOS recently placed an advert for a Panel of Executive Managing Agents and subsequently formulated a Panel of Executive […]

Introduction PMR 26(5) deals with the audit of the body corporate’s annual financial statements. Thelegislation requires that schemes must have their annual financial statements auditedand presented to the members of the body corporate for their consideration at the AGM.It is an important function of the body corporate to ensure that its annual financialstatements are audited.